July 16, 2004

Spitzer and excessive compensation

So which Eliot Spitzer are we supposed to listen to: the Spitzer who brought suit against former New York Stock Exchange Chairman Richard Grasso for accepting too high a salary in a not-for-profit enterprise, or the Spitzer who went to court to defend private lawyers' right to charge billions for their representation of the states in the tobacco deal? (Hans Bader, "Spitzer Strains out Grasso While Swallowing Camels", Competitive Enterprise Institute, Jul. 9)(via AtlanticBlog).